FINANCE: Liverpool Women’s latest board meeting was advised that the FT’s expenditure was “currently greater than its income”, trust documents state.

A summary of the FT’s July board meeting reports: “The Board learned that the Trust’s level of expenditure was currently greater than its income and Directors were reminded that the approved cost improvement programme (CIP) was £3.5m in 2012-13, £6m in 2014-15 and £4m in 2015-16.

“A wide range of CIP projects were either in place or were being developed and the Trust’s capital programme would be reviewed by the Board’s Finance, Performance and Business Development Committee.”